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General

MTS closes bank guarantee over blockchain platform

Friday 18 December 2020 | 11:02 CET | News
Russian operator MTS and the bank VTB have carried out a commercial deal on a bank guarantee using the Russian blockchain platform Masterchain, developed by the industry group FinTec in cooperation with financial market players. VTB issued a RUB 392 million guarantee for MTS under the deal, and the financial operation was carried out in real time.

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Categories: General
Companies: MTS
Countries: Russian Federation
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